Apple (AAPL) Shares Outstanding (Diluted Average) (2009 - 2026)
Apple (AAPL) reported Shares Outstanding (Diluted Average) of $14.7 billion for Q1 2026, down 2.5% on a YoY basis from $15.1 billion in Q1 2025, and down 0.57% quarter-over-quarter from $14.8 billion in Q4 2025.
Apple (AAPL) Shares Outstanding (Diluted Average) (2009 - 2026) Analysis & Trends
Apple has reported Shares Outstanding (Diluted Average) for 15 years, with the latest figure at $14.7 billion in Q1 2026.
- For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) fell 2.5% year-over-year to $14.7 billion; the trailing twelve-month figure through Mar 2026 stood at $14.7 billion (down 2.5% YoY), and the FY2025 full-year result was $15.0 billion, down 2.62% from the prior year.
- Shares Outstanding (Diluted Average) for Q1 2026 stood at $14.7 billion, down from $14.8 billion in the prior quarter.
- The five-year high for Shares Outstanding (Diluted Average) was $16.5 billion in Q1 2022, with the low at $14.7 billion in Q1 2026.
- Historically, Shares Outstanding (Diluted Average) has averaged $15.6 billion across 5 years, with a median of $15.5 billion in 2024.
- Annual changes were most pronounced in 2023 — Shares Outstanding (Diluted Average) decreased 3.73% — and 2025, when it declined 2.25%.
- Apple's Shares Outstanding (Diluted Average) stood at $16.0 billion in 2022, then declined by 2.38% to $15.6 billion in 2023, then slipped by 2.73% to $15.2 billion in 2024, then decreased by 2.25% to $14.8 billion in 2025, then declined by 0.57% to $14.7 billion in 2026.
- The last three Shares Outstanding (Diluted Average) figures came in at $14.7 billion (Q1 2026), $14.8 billion (Q4 2025), and $15.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,366.25 Bn | 4,297.75 Bn | 54.78 Bn | 14.73 Bn |
| 2 | Sonos | 1.75 Bn | 1.50 Bn | 124.65 Mn | 123.65 Mn |
| 3 | Zepp Health | 1.27 Bn | 1.16 Bn | 34.42 Mn | 254.43 Mn |
| 4 | Turtle Beach | 267.51 Mn | 255.19 Mn | 11.29 Mn | - |
| 5 | Vuzix | 257.23 Mn | 236.08 Mn | 375,000.00 | 77.60 Mn |
| 6 | Sony | 114.28 Mn | -18.94 Bn | 5.96 Bn | - |
| 7 | UTime | 53.53 Mn | 52.80 Mn | - | 11.55 Mn |
| 8 | Axil Brands | 40.77 Mn | 35.25 Mn | 5.04 Mn | 8.24 Mn |
| 9 | Koss | 37.77 Mn | 18.91 Mn | 1.00 Mn | - |
| 10 | Foxx Development Holdings | 20.59 Mn | 17.40 Mn | -1.45 Mn | 6.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 14.73 Bn |
| Dec 27, 2025 | 14.81 Bn |
| Sep 27, 2025 | 15.00 Bn |
| Jun 28, 2025 | 15.05 Bn |
| Mar 29, 2025 | 15.10 Bn |
| Dec 28, 2024 | 15.15 Bn |
| Sep 28, 2024 | 15.41 Bn |
| Jun 29, 2024 | 15.46 Bn |
| Mar 30, 2024 | 15.46 Bn |
| Dec 30, 2023 | 15.58 Bn |
| Sep 30, 2023 | 15.81 Bn |
| Jul 1, 2023 | 15.86 Bn |
| Apr 1, 2023 | 15.85 Bn |
| Dec 31, 2022 | 15.96 Bn |
| Sep 24, 2022 | 16.33 Bn |
| Jun 25, 2022 | 16.39 Bn |
| Mar 26, 2022 | 16.46 Bn |
| Dec 25, 2021 | 16.52 Bn |
| Sep 25, 2021 | 16.86 Bn |
| Jun 26, 2021 | 16.78 Bn |